Bitway Blockchain Explained: Platform, BTW Token, and Tokenomics

Bitway vs Traditional Blockchain Platforms: What Makes It Different?

Most of the blockchain platforms available are built for experts, not for common users. This is one of the biggest reasons why crypto adoption is slow worldwide. 

But Bitway blockchain has a different approach for this problem, It is trying to focus on turning blockchain to something that people can use in daily life.

So instead of forcing people to learn a complex system, it made a simple platform. This will improve the movement of money, apps and digital assets on the internet easily. 

The aim of Bitway is to bridge the gap between traditional finance and Web3, the future of digital finance.

Bitway Blockchain: Where Crypto Meets Simplicity

Bitway is a blockchain platform that helps people use crypto without facing technical difficulties. Bitway provides Web3 tools like crypto wallet, decentralized apps (DApps) and more on the platform for daily users and businesses.

Bitway allows you to store, send, and manage digital money at one place. It also allows developers to build apps that will run on the Bitway network. Bitway try to make things easy, fast, and secure.

How Bitway Blockchain Works? 

The complex part of the blockchain is for the background while users are enjoying a simple experience. The goal of the platform is to hide the technical complexities of the platform and showing users what matters for them.

• Simple user actions:
  When a user sends or receives the token on the app so Bitway handles the technical functions automatically.
  

• Secure transaction process:
  Every transaction is properly checked by the network before it is processed and recorded.
  

• Permanent and safe records:
  Once data is added to the blockchain then it cannot be changed or deleted.
  

• Smart contracts:
  Smart contracts run on the apps and services available on the platform, that is without human control to reduce errors and manipulation of data.
  

• Fast and cost efficient network:
  The system is built to make transaction processing fast and affordable in terms of platform fees.
  

• Built for real life use:
  Bitway focuses on improving the experience on the platform so users do not feel that they are using blockchain at all.

What is $BTW Token?

The Bitway token is the main digital coin or cryptocurrency that is used on the Bitway platform. It helps the network to run smoothly and also supports in functioning of the platform. 

Importance of $BTW token:

• It connects the users to the Bitway ecosystem and allows them to use the features of the platform.
  

• It also supports the growth of the Bitway network by supporting user activity and participation on the platform.
  

• It again makes the Bitway platform useful in real life for daily crypto and Web3 users.

Bitway Tokenomics

The tokenomics of Bitway will explain how the Bitway token was created, shared and used now. It also helps users and investors to understand how the Bitway ecosystem actually works.

Total Supply of Bitway Token:

The supply of $BTW token is fixed at 10,000,000,000 tokens. Fixed supply of token is important to avoid more token creation, which supports the long term users and increse value of the token.

Bitway Token Distribution:

• Bitway community:
  Most of the Bitway tokens are kept for community or users of the platform. These tokens will be used in the form of rewards, staking, airdrops through binance and more to support active users who are actually using and holding the token.
  

• Developer team:
  A part of the tokens is kept for the core team. This will support the development team and motivate them to continue their efforts on platform development.
  

• Ecosystem growth:
  Some tokens are kept to ensure fuurthur growth of the ecosystem by launching new apps, tools, partnerships for platform development.
  

• Exchange and liquidity:
  A share of tokens is also kept for future exchange listings and liquidity This will ensure smooth trading of token and help in maintaining stability of token on crypto exchanges.

Token Release Process

Bitway tokens are released slowly over time. Too many tokens will be not be released at the same time, this will help in keeping price of the token stable.

Bitway Finance: Real Use Cases 

• Crypto payments for daily use:
  Users can use $BTW token for daily payments on the Bitway platform.
  

• Token swaps inside bitway:
  Users can swap tokens inside the platform without using any external exchange app.
  

• Staking to earn rewards:
  Users can stake or lock their tokens to earn rewards while they are also supporting the network.
  

• Safe crypto storage:
  Bitway Finance offers a safe place to store and manage crypto asstesin a secure way.
  

• Useful for users and businesses:
  This platform also supports both normal users and small businesses that are using or want to use crypto
  

• Simple and practical finance tools:
  Bitway Finance is trying to make crypto finance simpler in real life with its simple to use finance tools.

Bitway Ecosystem for Users, Developers and Businesses

Made for everyday users: Bitway helps normal users to use crypto in daily life without technical knowledge.

Simple tools for developers: Developers can build apps on Bitway by using easy tools like decentralized applications (DApps), smart contracts and more.

Support for business use: Businesses can use Bitway for doing payments and keeping data secured, accepting payments in cryptocurrency without any middleman.

Bitway Network and Its Future Growth

• Growth ready design:
  The design of the platform is ready for growth because of its flexible design so that it can handle more users and transactions as the network grows with time.

• Focus on speed and low fees:
  The aim is to keep transaction speed fast with an  affordable platform fees, so users can use crypto easily with minimum cost.
  

• Growing user adoption:
  More users are expected to join Bitway with the development of tools with growing popularity of crypto all over the world.
  

• Developer and app expansion:
  More apps and services will be created as new developers will join the Bitway network.
  

• Business Friendly Blockchain:
  Bitway is designed to support real business in an easy way so that crypto adoption can also be made simpler in future.
  

• Long term vision:
  The focus is on steady growth and adding long term value to crypto world and its users, not just creating hype.

Why Long Term Investors Are Watching Bitway?

• Real use rather than just hype:
  The focus is actually on real use rather than bringing hype for project through some hype driven features.
  

• Simple and user friendly platform:
  Tools that are easy to use and design that is acceptable by new users makes it a user friendly platform.
  

• Strong ecosystem growth:
  It is taking care of all aspects of ecosystem, Users, developers and businesses, which will help in long term growth of project.
  

• Useful token model:
  The $BTW  token has a clear role in the network and is not just made for trading
  

• Long term vision:
  Due to the flexible design of the project, the growth of the project can be seen clearly. Simply the project looks for steady growth by scaling properly.
  

Final Thoughts

Bitway is building a blockchain network that is simple, practical, useful and future-ready by keeping its focus on real use cases and steady growth.

It brings users, developers, and businesses together. In this way Bitway is supporting the adoption of crypto in the real world.This makes the project worth watching in the long term.

Disclaimer: However, this content is just shared for information only it is not any kind of financial advice. Deeply analyse other aspects before investing in any project.